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GEFBearishEarningsnews
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Greif Analysts Slash Their Forecasts After Q3 Earnings

Aug 30, 2024, 2:50 PM EDT1 sourcesAI-analyzed

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GEF reported Q3 earnings of $1.03, missing estimates of $1.14. Quarterly sales reached $1.454 billion, surpassing estimates of $1.433 billion. Analysts adjusted price targets; Truist cut to $67 from $69. CEO highlighted positive volume momentum amid global market uncertainties. Fiscal year 2024 EBITDA expectations remain at $675-$725 million.

  • GEF reported Q3 earnings of $1.03, missing estimates of $1.14.
  • Quarterly sales reached $1.454 billion, surpassing estimates of $1.433 billion.
  • Analysts adjusted price targets; Truist cut to $67 from $69.
  • CEO highlighted positive volume momentum amid global market uncertainties.
  • Fiscal year 2024 EBITDA expectations remain at $675-$725 million.

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